Read the full text to Pete Townshend's John Peel lecture

The BBC has begun presenting an annual "John Peel Lecture," named after the late ground- and act-breaking disk jockey. The first such speech was delivered the other day by The Who's Pete Townshend, who celebrated Peel's wide-open ears and willingness to give the new a chance.

But Townshend added that iTunes and online music distribution doesn't have the same power as radio to introduce new music. In fact, he thinks iTunes is downright bad.

You can stream the lecture here, or read the full text here.

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